Union Bank of India was among the top buys of the fund house with the addition of 76.50 lakh shares. It was followed by ITC (66.41 lakh), NTPC (50.50 lakh) and Firstsource Solutions (33.12 lakh). It also bought 26.25 lakh shares of Power Finance Corporation.

In the banking space, the fund house also bought 13.22 lakh shares of Indian Bank, 10.51 lakh of YES Bank and 8.40 lakh of Punjab National Bank. In the auto and auto ancillary segments, the fund house bought up to 22 lakh shares in Ashok Leyland, Tata Motors and Gabriel India. It continued to add Reliance Industries and purchased additional 11.49 lakh shares of the oil-to-telecom major.

HDFC AMC’s asset under management (AUM) stood at Rs 3,15,341 crore in January with 1,100 schemes against Rs 3,35,748 crore AUM at the end of December.